INDIAN TERRAIN FASHIONS LTD. Q2 FY26 Results
INDTERRAINQ2 FY26 ResultsAnnounced 10 Nov 2025, 12:43 pm| Metric | Value (₹ Cr) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 100.96 | 46.8% | 17.6% |
| Total Income | 101.84 | 45.4% | 16.5% |
| Expenditure | 100.69 | 32.4% | 0.9% |
| PBT | 1.15 | 119.0% | 109.3% |
| Net Profit | -0.38 | 93.9% | 98.3% |
| OPM | 8.43% | 6.96pp | 36.63pp |
| NPM | -0.37% | 8.47pp | 24.55pp |
| EPS | 0.08 | 93.4% | 101.6% |
Indian Terrain Fashions Limited Announces Q2 FY’26 Results: 17.6% YoY Revenue Growth, 8.5 Crs EBITDA
10 Nov 2025 · 10 Nov 2025, 07:03 pm
Summary
Indian Terrain Fashions Limited, a leading brand in the mid-premium men’s casualwear segment, announced its Q2 FY’26 results with a 17.6% YoY revenue growth and an 8.5 Crs EBITDA. The company reported improved profitability and a positive PBT, driven by festive-led demand, improved sell-through, and stronger primary sales.
Key Highlights
- 1
17.6% YoY revenue growth
- 2
47% sequential revenue growth
- 3
Gross margin improvement to 40.3%
- 4
8.5 Crs EBITDA (8.4%)
- 5
1.15 Crs PBT (1.14%)
- 6
Stable receivables and inventory levels
- 7
New product launches and improved consumer sentiment
- 8
Continued channel diversification and working-capital discipline
- 9
Target to maintain EBITDA in high single digits over the next few quarters
Management Comments
Charath Narsimhan
The second quarter has been a period of clear recovery and renewed momentum for Indian Terrain. Our focused execution delivered strong sequential revenue growth and a significant improvement in operating performance. The sustained improvement in gross margins and a positive EBITDA reflect the early benefits of cost discipline and a sharper product and channel mix. We maintained tight control on working capital, with stable receivables and inventory levels, ensuring a healthy liquidity position even as sales scaled up. On the market front, new product launches and improved consumer sentiment have contributed meaningfully to offtake, while our recent association with Mr. Kunal Kapoor and the success of regional roadshows have further strengthened brand visibility and customer connect. With the festive and wedding seasons driving demand and GST reforms enhancing affordability in the mid-premium segment, we enter the second half of the year with confidence. Our priorities remain clear — sustaining growth momentum, deepening brand relevance, and continuing operational excellence to build on this positive trajectory.
Informational and educational content only. Not investment advice.